BOOST TO UAE SUPPLY CHAINS

AD Ports Group sets up consolidated multimodal inland logistics network

Fri, 22 May 2026

AD Ports Group, a leading global enabler of trade, logistics and industry, has established a consolidated, multimodal inland logistics network of rail-linked dry ports and cargo depots, including KEZAD Group’s Industry City of Abu Dhabi (ICAD).

Read more
MAJOR DIGITAL INFRA WORK

Beyon signs deal for Kuwait’s fixed telecom network; $2.6bn investment seen

Fri, 22 May 2026

Beyon, a leading telecommunication company and digital enabler, has announced the signing of a Public Private Partnership (PPP) commitment agreement with the Ministry of Communications in Kuwait and the Kuwait Authority for Partnership Projects (KAPP), formalising its selection as the Winning Investor for the Fixed Telecommunications Network Development Project in Kuwait.

Read more
WEIGHT LOSS WILL HELP 1.2m ADULTS

Obesity intervention can boost UAE GDP by $51bn: report

Fri, 22 May 2026

Effective obesity interventions could help more than 1.2 million adults in the UAE to overcome obesity, potentially contributing $51 billion to GDP by 2031, said a new report.

Read more
UNPRECEDENTED SCALE OF PROJECT

Sungrow, Masdar in deal for 7.5GWh ESS for gigascale RTC project

Fri, 22 May 2026

Sungrow, a leading PV inverter and energy storage system (ESS) provider, and Masdar, a global clean energy leader, have signed an agreement for the supply of energy storage system and PV inverter solutions for the UAE's world-first gigascale round-the-clock renewable energy project (RTC).

Read more
SPOTLIGHT

Why Dubai is emerging as the global capital of physical gold trading

Mon, 18 May 2026

Dubai is rapidly evolving beyond its traditional reputation as the “City of Gold”, with industry leaders now suggesting the UAE could emerge as one of the world’s most influential centres for physical gold trading, compliant bullion transactions, and potentially even future pricing power.

Read more

Top This Week

ADNOC committed to $150bn energy capital expenditure, says Dr Al Jaber

Thu, 21 May 2026

ADNOC remained committed to its $150 billion five-year capital expenditure (CAPEX) programme, said Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology. He sought an absolute commitment to freedom of navigation through the Strait of Hormuz to to enhance global energy resilience.

Supertankers exit Strait of Hormuz; Trump waits to give peace a chance

Thu, 21 May 2026

Three supertankers carrying 6 million barrels of Middle East crude resumed crossing the strategic Strait of Hormuz on Wednesday, signalling tentative hopes for stability in global oil flows as US President Donald Trump indicated he was prepared to give Iran a few more days to respond to Washington’s latest proposal aimed at ending the conflict.

GCC, Britain enter historic trade deal, 'qualitative leap' in economic ties

Wed, 20 May 2026

The Gulf Cooperation Council (GCC) and Britain concluded negotiations on a free trade agreement on Wednesday, in what officials described as a landmark deal expected to deepen economic ties and deliver significant benefits to both sides.

Dubai residential market sees $38.34bn Q1 transactions, trophy home sales surge

Wed, 20 May 2026

Dubai’s residential property market maintained its strong momentum in the first quarter of 2026, with transaction values reaching AED140.8 billion ($38.34 billion) despite regional geopolitical uncertainty and the seasonal slowdown associated with Ramadan, according to a new report by Morgan’s International Realty.

UAE real estate moves to measured, mature phase: Colliers

Wed, 20 May 2026

The UAE real estate market is navigating a transition period as it moves beyond the exceptional momentum of 2025 toward a more measured, mature phase, supported by strong fundamentals and ongoing infrastructure investment, said a Colliers report.

Aramex, Netzero partner to launch smart tree initiative in KSA industrial cities

Wed, 20 May 2026

Aramex, a leading global provider of comprehensive logistics and transportation solutions, has announced a partnership with Netzero, a Saudi-developed smart afforestation platform, to plant trees across the Riyadh and Jeddah Industrial Cities.

Dubai’s Select Group acquires 3 UK Delta Hotels by Marriott Golf Resorts

Wed, 20 May 2026

Select Group, the Dubai-headquartered real estate developer and hospitality investor, has acquired three Delta Hotels by Marriott golf and country club resorts in the United Kingdom, marking a significant expansion of its UK hospitality platform.

KSA real estate sees measured growth, market repositioning in Q1

Wed, 20 May 2026

Saudi Arabia’s real estate market experienced strategic recalibration, steady structural demand drivers, and continued investor confidence despite a more complex regional economic backdrop in the first quarter of this year, a report said.

Axione Development to build advanced cold chain facility in Abu Dhabi Food Hub

Wed, 20 May 2026

Abu Dhabi Food Hub, AD Ports Group’s integrated food trade and logistics hub, has signed an agreement with Axione Development for the development of advanced cold chain infrastructure in Abu Dhabi.

EMSTEEL launches high-strength rebar

Fri, 22 May 2026

EMSTEEL Group, one of the region’s largest publicly traded steel and building materials manufacturers, today announced the official launch of its ES600 high-strength steel rebar, the highest-strength steel grade currently produced in the UAE.

Elsewedy Electric acquires majority stake in Thomassen Service

Fri, 22 May 2026

Elsewedy Electric, a leading integrated provider of energy and infrastructure solutions across Europe, the Middle East, and Africa, has acquired a 60% majority stake in Netherlands-based Thomassen Service, a specialised provider of gas turbine maintenance and repair solutions.

Emirates Skywards launches 'Season of Rewards' campaign

Fri, 22 May 2026

Emirates Skywards has launched its ‘Season of Rewards’ - a global campaign packed with bonus Skywards Miles and Tier Miles, enhanced Cash+Miles savings, partner reward flight offers, and accelerated earning opportunities across partner airlines, hotels, car rentals, holiday packages and lifestyle experiences.

EMSTEEL launches high-strength rebar

Fri, 22 May 2026

EMSTEEL Group, one of the region’s largest publicly traded steel and building materials manufacturers, today announced the official launch of its ES600 high-strength steel rebar, the highest-strength steel grade currently produced in the UAE.

KSA real estate sees measured growth, market repositioning in Q1

Wed, 20 May 2026

Saudi Arabia’s real estate market experienced strategic recalibration, steady structural demand drivers, and continued investor confidence despite a more complex regional economic backdrop in the first quarter of this year, a report said.

New indoor destination Leo & Loona Kids Park opens in Bahrain

Thu, 14 May 2026

Leo & Loona Kids Park has opened at The Avenues Mall Bahrain, introducing one of the region’s leading indoor family entertainment concepts to the Kingdom.

Novo Nordisk sets up regional distribution centre in the UAE

Fri, 22 May 2026

Novo Nordisk, a global pharmaceutical company and a leader in developing treatments for diabetes, obesity and rare diseases, has announced the establishment of a regional distribution centre in the UAE, further reinforcing the country’s position as a global hub for pharmaceutical manufacturing and advanced supply chains.

Aramex names top executive for Eastern region markets

Mon, 18 May 2026

Aramex, a leading global provider of logistics and transportation solutions, has appointed Archer Fu as its new Senior Vice President (SVP) East. In his new role, Fu will play a pivotal role in driving the company’s growth strategy across the Eastern region, covering Oceania, North Asia and South East Asia.

Magrabi Retail to acquire majority stake in Baraka Optics Group

Tue, 19 May 2026

Magrabi Retail, a leading eyewear retailer in the Middle East, has announced the proposed acquisition of 51% of the issued share capital of the Baraka Optics Group, one of the largest premium optical retail chains in Egypt.

FAB mobilises $103.74bn in sustainable and transition finance

Fri, 22 May 2026

First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, facilitated AED381 billion ($103.74 billion) in sustainable and transition finance between 2022 and 2025, said a report.

Beyon signs deal for Kuwait’s fixed telecom network; $2.6bn investment seen

Fri, 22 May 2026

Beyon, a leading telecommunication company and digital enabler, has announced the signing of a Public Private Partnership (PPP) commitment agreement with the Ministry of Communications in Kuwait and the Kuwait Authority for Partnership Projects (KAPP), formalising its selection as the Winning Investor for the Fixed Telecommunications Network Development Project in Kuwait.

Imagine Dragons set to headline F1 after-race concerts

Thu, 21 May 2026

Ethara has announced that one of the world’s biggest bands, Imagine Dragons, will headline the After-Race Concerts at the Formula 1 Etihad Airways Abu Dhabi Grand Prix on Saturday, December 5.

Esports World Cup 2026 to be held in Paris

Thu, 21 May 2026

The Esports Foundation (EF) has announced that the 2026 edition of the Esports World Cup (EWC), the world’s largest esports and gaming event, will be hosted in Paris, France, from July 6 through August 23.

New law on antiquities, archaeological sites in Dubai issued

Fri, 22 May 2026

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has issued a law on antiquities and archaeological sites in the Emirate of Dubai, in his capacity as the Ruler of Dubai.

Gulf Construction

Calendar of Events

Weather

Weather Data Source: wetterlang.de